reply to Authorized shares are the maximum number the company can legally issue. Issued shares represent the
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reply to Authorized shares are the maximum number the company can legally issue. Issued shares represent the actual number distributed, which may be less than the authorized amount. Outstanding shares are the shares currently held by shareholders, directly impacting financial metrics like earnings per share.
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Cornerstones of Financial and Managerial Accounting
ISBN: 978-0324787351
1st Edition
Authors: Rich Jones, Mowen, Hansen, Heitger
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